Reverse factoring

Add value to your company while saving time and increasing your security

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MoraBanc makes it easier for you to deal with your national and international suppliers by offering them the option to receive payment on their invoices when they fall due or in advance.

  • A simple and efficient solution

    We simplify the process as much as possible to provide both your suppliers and your business with a flexible and simple service.

  • Advantages for your company

    Your company will save time and costs as the administrative burden and formalities relating to your supplier payments are handled by the bank.

  • Advantages for your suppliers

    Immediate financing that allows suppliers to receive advance payments on their invoices.

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Features

  • Thanks to MoraBanc’s Reverse factoring, you can manage, process and pay your based in Andorra and abroad suppliers’ accepted and not yet due invoices, enabling them the option of discounting their invoices*.
    See terms and conditions
  • Additional short-term financing source for your suppliers.
  • Service tailored to companies of considerable size with a high volume of periodic payments allocated to multiple national and international suppliers: department stores, superstores, perfumery or sports equipment stores, etc.
    View presentation

MoraBanc's Confirming International Service

  • MoraBanc's Confirming International, an international reverse factoring service that relies on the experience, technology and services of Banco Santander, a leading institution for reverse factoring finance, allows you to manage the payment of your international suppliers’ invoices:
    • It covers more than 40 countries and is continually expanding.
    • Call centre available in 7 languages for payment acceptance.
    • Invoices can be processed in any currency that is legally convertible and negotiated on the world’s main financial markets.
  • Operational system with many advantages for your company:
    • Cost savings, since internal expenses related to supplier payments are covered by the Bank.
    • Savings on time and travel, as the commercial paper remittances can be processed through online banking.
    • Free service unless you send transfers outside Andorra
    • Improve your commercial relations and negotiation capacity with suppliers.
    • Payments can be made in a variety of currencies and to different countries.
    • Optimise your working capital position.
  • And it also offers advantages for your supplier:
    • Reverse factoring allows your supplier to make advance payments of their outstanding invoices and therefore to obtain short-term financing.
    • Flexibility: they can choose to make advance payments of all or some of their invoices.
    • Instant financing, since it is your company who provides the collateral.
    • Increase in their debt capacity, being able to do so without commercial discount lines within their financial institution.
    • Application resolution within a maximum period of 7 days, as long as all required documents have been provided.
      See required documents

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